Manager Product Control

Job Description

What is the opportunity?

The Manager Product Control will provide quality support to various banking platforms across Global Equity strategies, by performing daily mark-to-market valuation, P&L reporting and reconciliation on an accurate and timely basis. Additionally, the will liaise with Front Office, Middle Office, Information Technology, Trading Processing, Financial Control and other operating units to facilitate trading activities and daily P&L production.

What will you do?

• Responsible for daily P&L production, month-end reporting and reconciliations

• Accountable for the P&L production and analysis within a platform or multiple platforms across the bank

• Inform senior management of any irregularities that may present potential exposure to the firm

• Prepare all monthly accounting entries to the G/L and conduct reconciliations to ensure figures are properly tied back to the systems of record

• Work closely with all members of the Product Control team, providing guidance and cross training when required

• Identify opportunities to improve valuation reports and pro-actively streamline processes to improve productivity

• Maintain a solid knowledge base of how various asset classes are handled by the Front Office systems

• Perform testing of new system update releases

• Provide information to satisfy audit requests from both internal and external auditors

• Develop an understanding of RBC operations and the functions of various business units across the firm

• Pro-actively monitor all operational issues pertaining to the trading portfolios assigned

What do you need to succeed?

Must-Have

• University Degree

• Experience with Equities and equity derivative products

• Product knowledge with various other assets classes

• Minimum two years of Product Control or related experience

• Excellent Excel Skills

• Good understanding of Investment products

• Strong problem-solving, interpersonal and communication skills

• Able to work effectively and reliably under pressure

• Advanced understanding of procedures and operational controls as they relate to trading systems and workflows

• Strong ability to work independently with minimal guidance from manager

Nice to have

• Canadian Securities Course

• CFA Candidates or Charter holders

What's in it for you?

We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.

• A comprehensive Total Rewards Program including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable

• Leaders who support your development through coaching and managing opportunities

• Ability to make a difference and lasting impact

• Work in a dynamic, collaborative, progressive, and high-performing team

• A world-class training program in financial services

• Opportunities to do challenging work

Job Skills

Accounting Journal Entries, Balance Sheet Account Reconciliations, Balance Sheets, Daily Reporting, Derivatives, Equities, Month End Reporting, Monthly Accounting, P&L Reporting, Problem Solving, Product Controlling, Working Independently

Additional Job Details

Address:

ROYAL BANK PLAZA, 200 BAY ST:TORONTO

City:

Toronto

Country:

Canada

Work hours/week:

Employment Type:

Full time

Platform:

OFFICE OF THE CFO

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

Application Deadline:

Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above

Inclusion and Equal Opportunity Employment

At RBC, we believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.

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